@_theartofcrypto's Latest Twitter Threads

Imagine if one day, crypto: • Only traded 5 days per week. • Imposed the pattern day trader rule • You must maintain account equity of at least $25,000 There are a lot of pros with crypto regulation. But this is not one of them.

Trading isn't about winning every day, it's about staying in the game. Don't let emotions ruin your consistency.

Traders without stop-loss be like [img:3BMMFmzAl]

Before you add to a losing position next time (which is one of the worst things you can do by the way)... Just remember: “Markets can remain irrational longer than you can remain solvent.” - John Maynard Keynes

“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money” - Bill Lipschultz imo If most traders would learn to sit on their hands 90% of the time They would make 10x the money just by virtue of not losing much to stupid trades

If it's good enough to screenshot, it's good enough to take profit

Trading is one of the few professions in the world where being smart and hardworking doesn't mean you will make money. In fact most times it can be counter-intuitive. Trading is mostly emotional discipline. Low-IQ cause you're not supposed to think. Boring cause it's repetitive

The fundamentals haven't changed. Only market conditions did. Remember that macroeconomics plays an integral part in any asset's rise or fall. Lords of Easy Money is a must-read before next bull run. It will make sure you come out on top with generational wealth.

Many traders shy away from volatility when in reality it is your best friend. Do you like trading markets that are doing nothing? No? Then embrace the volatility. Movement = money. Only the uninformed treat volatility as a bad thing.

You're a slave to everything you can't say no to. Life is a game of trade-offs. The reason why I am successful and most are not isn't because of talent. I simply chose to focus on self-development when all my friends were scrolling TikTok and partying all day.